PhD
Finance
The Finance group at MIT Sloan delves into the study of markets for real and financial assets, emphasizing the practical applications of modern financial theory widely adopted by Wall Street and corporations. Students gain a robust understanding of foundational theories and acquire the tools necessary for conducting both theoretical and applied research. After completing coursework in microeconomics and macroeconomics, students tailor their research programs with faculty guidance, often contributing to and expanding on faculty research. Notable faculty members include Hui Chen, whose research intersects asset pricing and corporate finance; Deborah Lucas, known for her work on public sector financial management; and Maryam Farboodi, who explores the economics of big data and its impact on financial markets.
Research from Finance Faculty
Cultivating Confidence and Craft Across Disciplines
MIT Sloan Associate Professor Nathan Wilmers of IWER is recognized, with MIT Mechanical Engineering Professor Rohit Karnik, for excellence in mentoring graduate students.
December 2025 Issue of IWER Newsletter Now Available Online
The December 2025 issue of the newsletter of the MIT Institute for Work and Employment Research is now available online. The theme is "Insights on Upward Economic Mobility."
MIT economist warns: China's miracle is finished — the collapse no one wants to admit
In this video interview, professor Yasheng Huang explores the deeper forces behind China's slowdown, the myth of state-driven innovation, and how Xi Jinping's tightening grip may be reversing decades of reform.
What retailers must get right this holiday season
Senior lecturer Sharmila Chatterjee and research affiliate Zoran Latinovic wrote: "To turn the customer experience trend line from negative to positive this holiday season, retailers should be laser-focused on customer experience across realms, including enabling personal expression, determining value positioning, fostering loyalty, hyperpersonalizing the customer experience, and engaging in responsive merchandising."
Select Finance Faculty
Full-Time Faculty
Paul Asquith
Gordon Y Billard Professor of Finance
Paul Asquith is the Gordon Y Billard Professor of Finance and a Professor of Finance at the MIT Sloan School of Management. Asquith is a specialist in corporate finance and a media source for the field of corporate finance and control, including…
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Hui Chen
Nomura Professor of Finance
Hui Chen is the Nomura Professor of Finance and a Professor of Finance at the MIT Sloan School of Management. His research focuses on asset pricing and its connections with corporate finance. Chen is particularly interested in the interactions…
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Taha Choukhmane
Albert F. (1942) & Jeanne P. Clear Career Development Assistant Professor in Global Management
Taha Choukhmane is an Assistant Professor of Finance at the MIT Sloan School of Management. He was most recently a postdoctoral fellow at the National Bureau of Economic Research. His research interests lie at the intersection of household finance…
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John C. Cox
Nomura Professor of Finance, Emeritus
John Cox is the Nomura Professor of Finance, Emeritus at the MIT Sloan School of Management. A leading authority on corporate finance and finance theory, Cox has developed an inter-temporal financial model broad enough to include the fundamental…
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